USDC broke its dollar peg on Saturday after Circle revealed that $3.3 billion of the coin's reserves were at SVB.

Bank runs often end up as self-fulfilling prophecies, people expecting something negative to happen start behaving in a way that makes the ...

Crypto conglomerate Digital Currency Group (DCG) is looking to find new banking partners for portfolio companies following the collapse of ...

U.S. officials said depositors of New York's Signature Bank, which was closed on Sunday by the New York state financial regulator, would al...

The U.S. Treasury and Federal Reserve announced a range of measures to stabilise the banking system and said depositors at SVB would have a...

Circle said it did not have any Stablecoin USD Coin (USDC) cash reserves at Signature Bank and that the token remained redeemable at 1:1 US...

Over the past year, the U.S. Federal Reserve launched its most aggressive interest rate hiking cycle since the early 1980s and other centra...

The global financial system is starting to show cracks as the era of cheap money comes to an end. The U.S. Federal Reserve has been raising...

What brought Silicon Valley Bank down wasn't lending to risky startups, or gambling on sketchy crypto coins, or some other ill-considered t...

From winemakers in California to startups across the Atlantic Ocean, companies are scrambling to figure out how to manage their finances af...

The second-largest stablecoin fell from its intended $1 peg, trading as low as 81.5 cents as investors reacted to the exposure of issuer Ci...

Circle has $3.3 billion of its $40 billion of USDC reserves at collapsed lender Silicon Valley Bank, the company said in a tweet on Friday.

Traders have been on guard this week for signs of contagion in the financial sector and beyond from troubles for SVB and crypto-focused Sil...

Through the fund, CoinSwitch will provide its portfolio startups access to prominent investors such as Tiger Global and Sequoia Capital.

The new fund is double the size of its previous fund launched in 2021

His comments followed Infosys chairman Nandan Nilekani and Mahindra Group chairman Anand Mahindra picking up TecHalli as a new moniker for ...

These are not executives but young entrepreneurs behind some of the most talked about tech startups globally.